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Sunday, 24 November 13
SUPRAMAX FREIGHT RATES REMAINED FIRM FROM INDONESIA TO INDIA AND CHINA - SOLYM
COALspot.com: The freight market was fairly steady except for the Supramax in SE Asia region which continued to remain firm. The BDI was down by 1.59 pct closing at 1483 points. The cape index was also up by 0.55 pct closed at 2390 points week ended 22 November 2013. The Panamax was down by 3.33 pct and closed at 1362 points w-w. The Supramax index has been holding especially in SE Asia region and was up by 2.88 pct closed at 1393 points. The handy size index also was holding and was up by 3.55 pct closing at 728 pct.
The Supramax charter rates continued to be firm in the far east/SE Asia and the freight rates remained firm from Indonesia to India and China with owners getting a premium for WC India. The demand for Bauxite and nickel ore shipments from Indonesia remained firm and also there was good demand for ships for coal movement from North China to South China, which is keeping the charter rates firm in this region.
Ships from EC India were being fixed around US$ 13,000 for trip via Indonesia to China. The charter rates expected to remain firm next week too. The panamax charter rates were soft in far east/SE Asia region and expected to remain soft next week. The coal shipments to India was steady this week. The iron ore demand also remained steady and it is expected that the iron ore exports from WC India could begin soon and the market could be firm PG/WC India region in the coming weeks.
The average charter rates were at Cape/US$ 16,554 per day , Panamax/US$ 10,880 per day , Supramax/US$ 14,510 per day and Handy size/US$ 10,282 per day.
The futures for three years (2014-2016) was at around Cape/US$ 17000 per day, Panamax/US$ 11000 per day, Supramax/US$ 11000 per day , Handy size/US$ 9000 per day.
The supramax index in the far east (S8 route) was up by 6.72 pct and closed at US$ 14,920 per day (last week US$ 13,980 per day) and charter rates was firm. The route S7 was at same levels closing at US$ 7,875 per day (Last week US$ 7,875 per day) , however the charter rates from EC India was firm and ships were being fixed at US$ 13,000 per day for trip to China. The freight market in this sector is expected to be firm next week.
The Brent crude oil prices was steady and up by 2.35 pct and closed at US$ 111.05 per barrel (last week US$ 108.50 per barrel). The bunker prices was soft and closed at 601.50 pmt (IFO 380 cst ex Singapore on 22nd Nov 2013).
Baltic Dry Index - DOWN
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index: - UP
(as of week ended 24 November 2013 (W-W))
Click here for Solym Singapore's forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The information provided by SOLYM Carriers Pte Ltd, Singapore in this report is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Solym Carriers Pte Ltd, Singapore and their Group companies or Subsidiaries do not accept any liability to any person or Company for the information provided in this report. No responsibility is taken for any information of services that may appear in this report.
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Friday, 13 December 13
HARD COAL : VOLUMES POSSIBLY AT RECORD-BREAKING HIGH; PRICES POSSIBLY AT A RECORD-BREAKING LOW - VDKI
Press Release : World Hard Coal Market 2013: volumes possibly at record-breaking high, prices possibly at a record-breaking low. German and UK impor ...
Friday, 13 December 13
DRY BULK SHIPPING TO WITNESS HEALTHY DEMAND MOVING FORWARD - ICS
The Institute of Chartered Shipbrokers Greek Branch organised its 9th Annual Forum at Eugenides Foundation, on Wednesday, 11th of December, with a r ...
Friday, 13 December 13
US PRODUCED APPROXIMATELY 18.4 MILLION SHORT TONS OF COAL W/E 7 DECEMBER 2013
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.4 million short tons (mmst) of coal in ...
Thursday, 12 December 13
GREAT EXPECTATIONS SANCTIONED - EVA TZIMA
News that sanctions on Iranian oil exports could be lifted sometime in the following months have shaken the markets recently. One of the world&rsquo ...
Thursday, 12 December 13
DRY BULK MARKET RATES FOR CAPESIZES TO REMAIN VOLATILE SAYS BIMCO
The dry bulk market has reached multi year highs this week, as the BDI is standing at the 2,300-point mark. In its analysis of the market, BIMCO pre ...
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- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- The University of Queensland
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- The Treasury - Australian Government
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Economic Council, Georgia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
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